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economy. that is the real engine of the economic prosperity. >>> plus the supreme court this week will hear two important cases concerning same sex marriage. shouldn't the black robe masters leave the important social decisions to the states and their democratically elected legislatures or referenda? let the people decide. "the kudlow report" begins right now. >>> first up, in recent weeks, he's become a conservative super hero icon. that following his triumphant speeches at the national prayer service and the cpac political conference. dr. ben carson has a message to roll back obama care, deal with the crushing national debt, and even a bib llically based call r a flat tax. that's what i love. is he the conservative that can save the gop? here is the aforementioned dr. ben carson. director of the pediatric division at john hopkins university. and with us this hour, cnbc contributors keith boykin. as always, dr. carson, great to see you. i'm reading one of many articles that you're retiring in 100 days. i wonder if you would share future plans, especially public service. >> i have
the depth and length of this weak economy. in some ways the strongest argument for obama to replace him is a partisan argument. there have been republicans in this job now for more than 20 years. and i think democrats may not want the fed chairman job to be something that is seen as a republican job. now, bernanke is, of course, being criticized much more by republicans than democrats will at this point but he still is originally a republican, there are some, geithner, and summers, and including in blinder who would be serious candidates if persh key were to leave. >> rose: your thought, sir? the scuttlebutt from everybody is that he'll probably have snuff after eight years. i do believe that if he wants a third term and he asked the president for it, he'd probably get it for the reasons david said. he's done a very good-- never mind personal, never mind republican. he's just done a very good job. as david said, he's got republicans a lot angrier than teams, even though he came into this job as a bush appointee from the republican side. so i think if bernanke is an eight-year chairman,
and chemical weapons. and also the bernanke conversation today about the economy and the role of the federal reserve when we continue. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: the syrian conflict reached new levels this week. the assad regime and the syrian opposition groups accused of each other of using chemical weapons. the allegations were made only hours before president obama's departure to israel yesterday. the white house has yet to verify the claims but lawmakers are increasingly calling for action. here's what presidentbama said eaier day in a joint press conference with israeli prime minister netanyahu. >> with respect to chemical weapons, we intend to investigate thoroughly exactly what happened. obviously, in syria right now, you've got a war zone. you have information that's filtered out. but we have to make sure that we know exactly what happened, what was nature of the incident, what can we document, what can we prove. i've instructed me teams to work closely witll oer countries in the region, and internatio
a balanced budget and it's important we owe the country a reasonable plan and grows the economy. balancing the budget is not just a statistical exercise it's the necessary means to a healthier economy, it creates more jobs and helps people keep more of hard earned money and a contrast to the other budgets that are passing. at least budgets are passing here for a change, but all the other budgets have trillion dollar plus tax increases and have net spending increases and when he you have a trillion dollar deficit, we need to work on our spending and when the other side is offering even more spending increases and even more tax increases, more borrowing, we're still kind of worlds apart. >> greta: i went through the budget and it's very complicated, at least i think it's complicated. and i want to go to different provisions i understand. let me start with medicare. under your program it doesn't affect anyone over age 55. >> if you're born in 1958 or earlier, it doesn't affect you. meaning you stay in the current medicare program just as it's designed now. in addition we get rid of the obamac
to us that -- quote -- "the need to transform the world's energy economy while addressing global climate change is not only a religious and moral imperative, it is a strategy for security and survival. the united states conference of catholic bishops says that -- and i quote -- "at its core, global climate change is not about economic theory or political platforms, nor about partisan advantage or interest group pressures. it is about the future of god's creation and one human family." the bishops asked congress to consider seven principles in shaping responsible climate change policies. one, addressing global climate change means protecting the common good. two, climate change will hit the most vulnerable communities the hardest. three, we must seek solutions that enhance rather than diminish the economic standing of the poor. four, new resources must be made available to poor communities to adapt to the effects of a changing climate. five, we must protect vulnerable people from the negative human health effects of climate change. six, local affected communities should have a voi
. it is isolated its economy is in dire straits its leadership is divided. and its position in the region and the world has only grown eaker. i do believe that all of us have an interest in resolving this issue peacefully. trong and principled diplomacy is the best way to ensure that the iranian government foresakes nuclear weapons. peace is far more preferable to war and the inevitable cost the unintended consequences that would come with war means that we have to do everything we can to try to resolve this diplomatically. because of the cooperation between our governments we know that there remains time to pursue a diplomatic solution. that's what america will do with clear eyes working with a world that's united and with the sense of urgency that's required. but iran must know that time is not unlimited. and i've made the position the united states of america clear. iran must not get a nuclear weapon. this is not a danger that can be contained. and as president i said all options are on the table for achieving our objectives. america will do what we must to revent a nuclear-armed iran.
's economy after a week on the brink of disaster. talks have significantly overrun, adding to fears that the deal is far from certain. we will go live to brussels in a moment. >> president nicos anastasiades left of cyprus behind for a chilly brussels. he is trying to broker a deal with eu finance ministers by monday to secure aid for his beleaguered country. his eu colleagues are demanding the cyprus raise the sum of 5.8 billion euros itself in order to release a rescue loan package. a compulsory levy on savings may be the only answer. but major investors in cyprus's biggest bank, the bank of cyprus, could lose up to 20% of their deposits. not surprisingly, it's an unpopular measure. >> nearly everyone's going to lose some money. of course, the amount will be greater for some than for others. and that's that. >> there is anger at the nation's creditors. >> the germans are only interested in themselves. they don't care about anyone else. >> cyprus's banks have been closed for a week. the european central bank has threatened to cut off the island's emergency funding should no deal be
own way. toyou can go to c-span.org check out "first ladies." spoke about the economy and monetary policy. you can see all of the news conference tonight a on c-span. , our policy has two main elements. first, we decided to continue purchasing mortgage-backed perrities at a pace of -- month. it bears to emphasize that the committee has described this program in terms of a monthly pace of purchases rather than a total amount of expected purchases. evolution of the program to economic criteria. within this framework, the committee can vary the pace of purchases. at this meeting, the committee judge -- second, the committee kept the target to the federal fund rate. it will remain appropriate for a considerable time after the purchase program ends and if the economic recovery strengthens. the low range for the fund rate will be appropriate as long as the unemployment rate remains above 6.5%. if economic conditions provided in the guidance are a threshold and not triggers, crossing one or more these marshaled will not automatically lead to an increase in rates. rather the committee will
of the total economy were over 20%. in this republican fantasy land budgets are balanced with revenues at 19% of the economy, yet meeting the needs of 78 million more seniors and a infrastructure deficit that is growing as america is falling apart. clearly this is not remotely possible if we are going to enjoy anything like our current quality of life. there is a real world intersection of budget saving opportunities with potential areas of agreement. health care reform is one. but not just by shifting the burden to seniors and disabled as the republicans propose in their fantasy budget. my home state of oregon is the middle of an exciting demonstration of how to squeeze out the waste we all know is there and realign incentives. instead of the empty ritual of pretending to repeal obamacare, let's work together to accelerate reform for all americans. if the oregon experiment works, and frankly many of these efeshencies by the way are already achieved in other parts of the country and with some private health systems, we could save more than $1.2 trillion that is the flawed sequester is suppos
see the economy take off mr. mr. norquist? >> guest: okay, we haven't had trillion dollars spending cuts that we had an agreement by the president of the united states forced on them by the republicans to reduce spending over the next decade by a trillion dollars, so 100 million a year. they haven't started yet and they're just beginning to kick in. this a quest or is an additional $1.2 trillion over the decades to what the republicans want in the state battle we had in 2011, the budget control act was obama needs the debt ceiling to be increased because we spent so much money and republican said okay, we will raise the debt ceiling so the country doesn't default but only if you agree to a dollar for dollar reduction in spending over the next decade. that $2.5 trillion in spending restraints, not real cuts, spending, less than obama had hoped but in washington that is called a cut. if you want 10 of something and you only got eight of something, you walked away with eight but so that was the $2.5 trillion spending reduction over the next decade. it hasn't happened yet. we have sever
into the economy, until they see things change substantially. and what they're talking about in terms of substantial change is the unemployment rate going down to 6.5%. the federal reserve, they have regular meetings, they give regular statements on what they're going to do. today was one of those regular meetings that was scheduled. we were not expecting a change in rates. obviously with rates as low as they are, the only option will to be raise rates and you don't typically raise rates, wolf, unless you're trying to slow an economy down. if you raise rates, it makes it harder, more expensive for people to borrow money. they spend less. they borrow less. we're not at that point right now. so rates are staying exactly where they were, the federal reserve will continue to print and pump $85 billion into the economy. the way they do that, wolf, is they buy bonds back from banks, treasuries and mortgage-backed securities that gives banks more money to lend to businesses, and individuals for their mortgages or for their business expansion, and that puts more money into the economy. they'r
the deficit and grow our economy. yield back. the speaker pro tempore: the chair lays before the house the following personal requests. the clerk: leave of absence requested for mr. thompson of california for today. the speaker pro tempore: without objection, the request s granted. under the speaker's announced policy of january 3, 2013, the gentleman from california, mr. bera, is recognized as 60 minutes as the designee of the minority leader. mr. bera: mr. speaker, thank you for that recognition. thank you for this time. mr. speaker, over the past several weeks, i've been talking to my constituents, i've been talking to former patients about the importance medicare and how medicare has impacted their lives, how they've relied on it. you know, as a doctor, i've taken care of thousands of patients, patients who've worked their whole life paying into a system so that they could rest easy at a time when they needed their health care. hey -- they needed their health care they wouldn't have to worry about it. this is a program that has served millions of americans for decades. they've come
. let me turn to this second point. the war has affected the economy as well and left us with a legacy of higher oil prices and much higher national debt to. the iraq war costs set off a chain of events that had high reaching consequences. i was speaking about budgetary costs, but there are vast costs into civil society, here and in iraq, economic costs and financial costs, and some of those costs are borne by individual society or society at byge rather than directly the government. there were many of these costs i can talk about, but let me highlight a couple. if we think back to when we invaded iraq in 2003, oil prices to order $50 a barrel. and the markets including china and india predicted those would remain in that range for the next decade. oil prices are complicated, but most agree that iraq was one of the triggers of lead to oil prices shooting up shortly after the invasion. oil prices peaked do you since then we have rarely seen oil prices below the level of $100. if jo stieglitz were here, he would argue very strongly that we need to connect the dots, that oil prices contri
. the public fight was over the budget. >> the stanford economy looked at the budget and said 500,000 jobs right away. this plan will protect and strengthen medicare. it begips, yes, by repealing obama care. >> the resolution passed 221 221-207. with ten republicans an all democrats voting against it. >> this is an uncompromising ideological approach to our budget issues. this also fails the test of taking a balanced approach. >> the senate is planning to vote on the ryan blueprint to hold republican feet to the fire. >> it was crafted by a hard right group in the house. and most republicans would rather run away from it. we saw that happen during the presidential campaign. we're not going to let them run. >> senate democrats favor budget chair patty murray's plan to raise taxes, increase spending and never come to balance. top republicans say it doesn't add up. >> that means more debt. fewer jobs. frankly much higher taxes from the american people. we certainly hope that the president will change his mind and submit a plan that actually balances the budget. >> the senate plans to vote on
of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. can make any old day a special occasion. so she makes her new mini cream pies with real cream filling and milk chocolate on a cookie-crumb crust. marie callender's. it's time to savor. athto fight chronic. oosteoarthritis pain.st. to fight chronic low back pain. to take action. to take the next step. today, y will know you did something for your pain. cymbalta can help. cymbalta is a pain reliever fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can helpeduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. anti-depressants can increase these in children, teens, and young adults. cymbalta inot for children under 18. people taking maois, linezolid or thioridazine or with uncon
democracy. it will soon be one of the world's largest economies. its involvement in asia will be a welcomed addition. the u.s. must work with india to reduce her domestic constraints to growth and increase foreign direct investment, reducing red tape, increasing the supply of electricity, improving the tax system, strengthening the ability to enforce contracts will all live in the is ranking and spur business growth in a way that has been missing thus far. since asia's economy is largely based on global supply chains, it is absolutely critical for india to enact reforms, to liberalize its economy, to tap into this regional market. this is out in the anchors itself in the asia-pacific region, and we should do what we can to help leverage those reforms inside india. that is why i believe the administration must redouble its efforts to secure a u.s.-india bilateral investment treaty. current negotiations are proceeding far too slowly. there are important issues to resolve. it's going to take a concerted effort to make progress, but once the vat is firmly in place, the u.s. should work with ind
is increasing. it is isolated, its economy is in dire straits, its economy is divided, and its position in the region and world has only grown weaker. i do believe that all of us have ab interest in resolving this issue peacefully. strong and principled diplomacy -- [ applause ] -- strong and
economy. it's to create faster economic growth, to get jobs. you have to reform government to do that. >> well, on the medicare issue which is maybe the most sensitive issue out there, are you saying there are democrats who support your plan, which democrats describe as creating a voucher for medicare recipients? >> it's not a voucher program. it's called premium support and is an idea that originated from the brooking institutions from democrats to begin with. it is an idea i used to work on with alex ridlin. it's exactly just like the idea i worked with ron wyden the senator from oregon last year on. the point is good people from both political parties can lick this problem in the future and come to a solution and that is what we're proposing. our solution by the way, wolf, doesn't affect benefits of anybody in or near retirement but puts reforms of the program so we can make it solvent for the next generation like mine and our kids. we think it is the best idea for saving and strengthening medicare. we think the medicare board that will be put in place because of obama care is goin
tonight's. jon: getting a read on the true u.s. economy. the dow jones has been surging. a 57 points in the mid-14,000. the national debt keeps soaring as well. washington seems unable to find a solution. the unemployment rate stubbornly high. chief correspondent jim angle takes a look. >> enormous amounts of money into the economy, they will be gasping for air. listen to this. >> it was crucial in the crisis and the fed is very powerful at stopping the fall. but it's not good at pushing one investors who don't really want employers who don't want to hire. it has been pretty unsuccessful. >> some know that some small signs of recovery in the housing market have occurred. even with the creation of 236,000 jobs in february, job growth has lagged and is still dismal. >> is the worst business cycle that we have had since the end of world war ii in terms of job creation. we haven't even gotten back to where we were at the peak of the previous business cycle. reporter: the unemployment rate remains high. administration officials predict it would be about 5%. including all of those who took
revenue-neutral tax reform we want to say, we want to leave more money in the economy and reduce taxes. when ronald reagan did it we had 7% growth in one year and that is the bold leadership we need but it's not a new principle. we don't have to reinvent ourselves in that way but we have to stand on principle and unless you stand for something people are not motivated to vote for you. >> chris: let's talk about what you stand about, immigration. you came out with your ideas for a comprehensive plan this week and since then you are taking fire from both the right and the left. you call your plan for creating a legal status. not citizenship, but a legal status, for the 11 million folks who are already here, illegal immigrants who are here but taking fire from the right because you oppose the e-verify system which would make it easier for employers to check whether their workers are in fact legal or illegal. why would you oppose that? >> that's not the main part of my plan. the main part is trust but verify, we have to have border security and conservatives always wanted border security b
guys have to come up with $7 billion. and the way the cyprus economy is structured, it's almost all banks. huge banks relative to the size of the economy. and so the solution they came up with was taxing deposits in banks. that has turned out to be incredibly controversial. last night the parliament here voted it down even though there had been intense negotiations for weeks about it. now today, it's about plan "b" and it's not clear whether there will be a plan "b." the banks are closed, only get money out of atms, the financial system here on the verge of collapse. and if things don't get resolved quickly, this could be the first country that leaves the euro, chris. >> obviously, investors around the world are watching this really closely. what about here in the u.s.? what kind of repercussions might we feel here? >> well, the biggest repercussion that we saw is when they decided they were going to tax the deposits in banks, just like we have in the united states where we know that if one of our banks fails, we are protected up to a certain amount, 250,000, they have that law in e
china and its economy, and the deals it has cut in countries such as iran, pakistan, etc., you will see that probably is true. page of "thent washington times" yesterday is how china is the largest exporter of weapons. is that a direct link to what happened? guest: i think if you look at how china has positioned itself -- and they have every right to. we are the ones who i think made a strategic error. but if you look at how china has positioned itself economically to take advantage of what is coming out of all this chaos -- afghanistan as wl, pakistan as well. pakistan considers china it's number one friend. strongeru lk at the assertion in east asia of influence, you can see how china has benefited. our office was the leading proponent of what became known as the pivot to east asia while i was in the senate. i spent a lot of time in east -- and weefocused focused as much as we could on strengthening relations with japan, korea, vietnam, singapore, and changing the formula in burma and i led the first delegation into burma in 10 years or it -- in 10 years. by going into iraq the way we
that. the people of iran, it won't matter to them. what matters the economy is shambles. they don't have jobs or food to put on the table. >> what is concerning, that we have on the defense side, f.b.i. training manuals that don't even mention the word islam. don't mention the word muslims or jihad. those have been completely purged. we also have nuclear defense missiles i think are cut ever since barack obama has come into office. yeah, now he is talking about interceptors over to alaska but that was only pretty much in response to the north korean threat because he got caught on that. rather than that all of our defenses have been going downward. >> sean: i agree, good point. joel, you have written from the last jihad and written a lot of novels. every time i read them i'm thinking these scenarios that you are writing about seem very possible to me. you have a very dark, twisted mind. [ laughter ] >> i look at worst case scenarios. that is where we are. the new novel is damascus count down. what if an american president miscalculates, he tries diplomacy and it doesn't work. what
reform i think we need to stand up and say we want to leave more money in the economy and reduce taxes. when rye bega regan did it we % growth in one year. we don't reinvent ourselves in this way. unless you stand for something people aren't motivated to go out and vote for you. >> chris: talk about things you stand about. immigration you came out with your ideas for a comprehensive plan this week and you are taking fire for both the right and the left. your call four plan for creating a legal status, not citizenship but a legal status for the 11 million folks who are already here illegal immigrants already here but taking fire from the right because you oppose the e verify is system which would make it easier for employers to check whether workers are in fact legal or illegal. why would you oppose that? >> that is not the main part of my plan. the main part of the plan is trust but verify. says we have to have border security. conservatives wanted border security before we had immigration reform. the amendment that i will add will ensure that there is border security and that congress
on the math. we're not losing the issues on spending and debt and jobs and the economy. those are total winners for us. what we found in the election is while we're winning the arguments on spending and math, we're losing sort of this emotional cultural vote out there in presidential elections. and it didn't just happen overnight, luke. i mean the fact is our parties have a tough time over the last 24 years winning decisive presidential elections. and it's our job as a party to get to the bottom of why that is. and that's what we're trying to do. so, you know -- >> okay. let's talk about that emotional cultural vote. your predecessor said this this morning on "morning joe" about the issues you have in minority community. >> how does he reconcile his agreement with voter registration policies that many in the black community view as anti-black, racist? you can show up any time. it's what you say and what do you when you get there that matters most to people. >> so the former chairman steel is attacking you right there saying that you're not doing enough in terms of minority outreach, tha
, science, technology, the economy, but going with the president of israel and the prime minister to see a high-tech demonstration. one of which was a robot actually serving matzoh. so there were all sorts of demonstrations on medical advances. israel really has exploded with technology and science here and what the president was trying to say to the young people is, this is a model for the region. now make your democracy work by not being an occupying forceful. >> i thought that was one of the most effective parts of the president's speech. to say, take essentially, take all this negative energy and turn this into something positive. that israel is an economic hub. the palestinians are among the most educated populations in the worldful there is great potential here if these two opposing sides would actually work together. that's why he has been stressing economic development as a possibility. >> now a $40 billion a year mutual trade relationship that dennis ross helped nurture along. thank you, dennis, and i should say nbc middle east adviser in chicago, jeffrey goldberg here. we'll be
. >> the muslim brotherhood needs us. i mean their economy is going to hell. they have got a real problems. they need imf financing. so we need to engage with them but we also need to stand on our principleses. >> rose: whatever happened to the idea expressed at this table that in an interesting way the responsibility of governing might make islamist parties change. they would face a new reality and that therefore theyould uderstand more than they did when they were outside of power, what it meant. and they would make different choices. >> the answer is that there is no universal-- there is no universal answer for this. because asian is lam with countrieses like indonesia and malaysia is one thing. turkey is another, hezbollah and lebanon, egypt, i agree is yet another so there is not one formula. islam is dirse and it will vary from one country to the other. in some countries, islam is in time will become a pragmatic. in other countries, it would be an ongoing revolution, radicallization. >> we have not been clear enough, john kerry has done this on his last trip but we need to be more cl
and portugal. the economies there are slowing. germany the fifth biggest and great britain at number 8 and italy at number 10, all shrinking in the last quarter. the entire eurozone is losing huge numbers of jobs. a record 19 million people in the eurozone are now unemployed. tough times. bill: will be that way for years. rocket fire now in israel. police are saying hamas militants in gaza fired two rockets into that country slamming a border town. as president obama meets with palestinian leaders today in the west bank. conor powell is live in the town of sirot, israel, southern part of the country where police say one of those rockets landed. conor. hello. >> reporter: well, bill, israeli officials actually upped the number to four rockets that have been fired from gaza into southern israel earlier today. while much of the physical damage is fairly minor, bill, it was damage to a patio. there is the emotional damage. this is the second time this house here in sderot has been damaged in the last four or five months. there is the symbolic damage. fragile ceasefire agreed to in thanksgi
and now cyprus? >> it's a little tiny island economy that it really, i mean the dow was whipsawed yesterday in this country because we're watching what happens there. all of these cracks in europe very important to the u.s. stock futures right now are up. dow futures are up 30 points. this tiny country bears watching this morning. the problem is going to sound familiar to you. if cyprus doesn't get a bailout, it could go bankrupt, exit the euro-zone and lead to financial instability at exactly the wrong time for the world economy. the plan to fix the problems there include slapping a fee on bank deposits in the country. we complain about bank fees here. this is one major bank fee. they voted this bank fee down and now a bailout of the country is in jeopardy. here's what they were thinking of. if you get a bank account with $129,000, you would have been taxed $8,700, gone. taken right out of your account just like that. the people in cyprus protested and rushed to withdraw their money. look at the protest lines at the banks. any bailout needs to come with strings attached and the r
. it is isolated, its economy is in dire straits, its leadership is divided, and its position in the region and the world has only grown weaker. i do believe that all of us have an interest in resolving this issue peacefully. strong and principled diplomacy
pakistan leadership struggled with the sinking economy islamic extremist faxes and tensions over drone strikes. >>> mayors against gun violence tellased $12 million in television ad time. the ads airing in 13 key states across the country that the group thinks are divided on gun control. making an appearance on meet the press mayor bloomberg said he has plenty of support. >> this is about the public wanting to be safe on their streets and the public having the right to buy arms and the right to protect themselves and the right to use them for sport, for hunting, but also it is about the public's right to keep guns out of the hands of criminals and the mentally ill. that is in everybody's interest. >> shannon: the comments from mayor bloomberg come as the debate over gun control continues here in washington. earlier this week, senate majority leader harry reid removed an assault weapons ban from the gun control bill he plans to offer saying he didn't have the votes to get it passed. republican senator tom coburn says he doesn't believe the focus should be on keeping guns from law abidin
. >> that the short-term problem is we got to keep our economy growing and that is how they defend the fact there is as you point out more stimulus spending, stimulus ii or stimulus iii whatever you want to call it, and $100 billion in stimulus spending in a budget you're trying to reduce the deficit. bill: i look forward to your show. >> exclusion sieve interview with rand paul irths he is living a quiet life these days. >> that's right. he is very much on the back burner. bill: thank you, chris. see you sunday morning. check out rand paul on sunday. heather. heather: the senate is expected to pick up the debate on the budget proposal from senator patty murray this week. it is due april 1st. it is almost four years, 1423 days, to be exact in case you're counting, since the senate last passed a budget resolution. that wasn't even a real budget. just a guideline. bill: you wonder, the point chris is making about senator corker, he says if the president goes out and sells it and give democrats cover when it comes to the enlightment idea perhaps he brings the two sides together. but as they st
Search Results 0 to 38 of about 39 (some duplicates have been removed)